German 10-Year Bond Yield Touches Week-High on Fed Rate Message
- Spanish securities steady before government confidence vote
- Euro-area supply may total EU30 billion this week: Commerzbank
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Germany’s 10-year bond yields climbed to the highest in more than a week after Federal Reserve Chair Janet Yellen bolstered speculation that the central bank will raise interest rates this year.
Europe’s benchmark securities were little changed, after dropping earlier on Monday, as investors awaited reports due this week covering inflation to business confidence, and before the European Central Bank’s next policy announcement on Sept. 8.